A lesson drawn from Japan-style economic stagnation (Wen Sheng, Global Times)

November 22, 2021

Japan’s new Prime Minister Fumio Kishida last week approved a colossal $490 billion fiscal spending package to prevent the country from slipping into a painful recession. However, Japan, with its shrinking population and waning business competitiveness, is unlikely to recover to its pre-pandemic economic size if the government fails to address the structural constraints facing the country.

A lesson drawn from Japan-style economic stagnation – Global Times

People wearing face masks sit in a train in Tokyo, Japan, on November 12. Photo: Xinhua

People wearing face masks sit in a train in Tokyo, Japan, on November 12. Photo: Xinhua

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

A lesson drawn from Japan-style economic stagnation (Wen Sheng, Global Times)

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